{"id":3107,"date":"2022-04-15T11:52:20","date_gmt":"2022-04-15T15:52:20","guid":{"rendered":"https:\/\/www.easyearnedmoney.com\/?p=3107"},"modified":"2022-05-15T23:11:00","modified_gmt":"2022-05-16T03:11:00","slug":"what-are-nfts","status":"publish","type":"post","link":"https:\/\/www.easyearnedmoney.com\/what-are-nfts\/","title":{"rendered":"What are NFTs &#038; Why Meta\u2019s Mark Zuckerberg Plans to Instate Them"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Cryptocurrencies and digital currencies aren&rsquo;t new, nor is the ability to make money off them. However, like the ever-changing business and making-money game, so too is the world of profitable digital currency changing and bringing out something new.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Before, those looking to reap the digital green bills and get their bankroll skyrocketing could follow the six strategies to make money. These included invest, trade, stake, lend, crypto social media, mining, or airdrops and forks. Along with the new strategies and exciting new NFT <\/span><a href=\"https:\/\/www.forbes.com\/advisor\/investing\/nft-non-fungible-token\/\"><span style=\"font-weight: 400;\">platforms and marketplaces<\/span><\/a><span style=\"font-weight: 400;\">, those seeking to make money can now look to <\/span><b>Non-Fungible Tokens (<\/b><b>NFTS)<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">NFT Marketplaces are the Ideal Place&nbsp;&nbsp;<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">And look now at NFTs at a time when Metaverse&rsquo;s Mark Zuckerberg is making Instagram an NFT marketplace. And now at a time where the metaverse is becoming the ideal place to support digital goods. Also at a time when the largest NFT marketplaces are seeing more than <\/span><a href=\"https:\/\/dappradar.com\/ethereum\/marketplaces\/opensea\"><span style=\"font-weight: 400;\">$2 billion<\/span><\/a><span style=\"font-weight: 400;\"> in volume.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to<\/span><a href=\"https:\/\/marker.medium.com\/the-real-potential-of-nfts-b1bf88b24a1c\"><span style=\"font-weight: 400;\"> Marker<\/span><\/a><span style=\"font-weight: 400;\">, &ldquo;As we ended 2021, NFTs were white-hot. <\/span><a href=\"https:\/\/markets.businessinsider.com\/news\/currencies\/nft-market-41-billion-nearing-fine-art-market-size-2022-1#:~:text=The%20market%20size%20for%20digital%20collectibles%20known%20as,data%20company%20Chainalysis%2C%20which%20updated%20a%20previous%20report.?msclkid=fa3028beaa1e11ec800e9f042320281a\"><span style=\"font-weight: 400;\">Forty-one billion<\/span><\/a><span style=\"font-weight: 400;\"> dollars hot, and everywhere. Twitter beat Zuckerberg to the NFT punch, letting tweeters use an NFT as their profile picture, <\/span><a href=\"https:\/\/www.businesstoday.in\/crypto\/story\/spotify-plans-to-integrate-nfts-other-web3-features-326651-2022-03-21#:~:text=Spotify%20is%20a%20media%20and%20music%20streaming%20service,that%20is%20created%20and%20stored%20on%20a%20blockchain.?msclkid=9887ebdeaa2b11ec843b86d5c7060fd2'\"><span style=\"font-weight: 400;\">Spotify<\/span><\/a><span style=\"font-weight: 400;\"> is hiring for NFTs, and brands from <\/span><a href=\"https:\/\/adage.com\/article\/digital-marketing-ad-tech-news\/budweisers-first-nfts-sell-out-under-hour\/2383936?msclkid=8876a74ba9f611ec91d7ca207adf4e01\"><span style=\"font-weight: 400;\">Budweiser<\/span><\/a><span style=\"font-weight: 400;\"> to <\/span><a href=\"https:\/\/www.blocksocial.com\/louis-vuitton-launches-blockchain-game-nfts\/?msclkid=4b0024dca9f711eca4d1e6c25eca616c\"><span style=\"font-weight: 400;\">Louis Vuitton<\/span><\/a><span style=\"font-weight: 400;\"> are producing them. You can even buy a virtual NFT of the McDonald&rsquo;s <\/span><a href=\"https:\/\/www.cnn.com\/2021\/10\/28\/investing\/mcdonalds-mcrib-nft\/index.html?msclkid=b3c2ab9aa9f611ec935fe373f81c06aa\"><span style=\"font-weight: 400;\">McRib<\/span><\/a><span style=\"font-weight: 400;\">.&rdquo;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Yes, the end of 2021 and the beginning of 2022 has seen the world take hold of these unique cryptographic tokens which effortlessly fill a desperate need in the digital world. A need to fill what it&rsquo;s been missing: authenticity, credible scarcity.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And this year this &ldquo;digital document that identifies one true owner of a digital product&rdquo; will represent real-world items, from artwork and real estate, and &ldquo;tokenize&rdquo; these real-world tangible assets making buying, selling, and trading them more efficient while reducing the probability of fraud.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But, how does one enjoy a slice of this profitable new pie? How do you <\/span><span style=\"font-weight: 400;\">leverage off the <\/span><a href=\"https:\/\/www.ft.com\/content\/2745d50b-36e4-4c0a-abe0-e93f035b0628\"><span style=\"font-weight: 400;\">NFT Digital Collectible Craze<\/span><\/a><span style=\"font-weight: 400;\">?&nbsp;<\/span><\/p>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-8595684220232154\" crossorigin=\"anonymous\"><\/script><br>\n<ins class=\"adsbygoogle\" style=\"display: block; text-align: center;\" data-ad-layout=\"in-article\" data-ad-format=\"fluid\" data-ad-client=\"ca-pub-8595684220232154\" data-ad-slot=\"3428434883\"><\/ins><br>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><\/p>\n<h2><span style=\"font-weight: 400;\">Artists, Brands, Realtors, Businesses, Entrepreneurs&hellip; Take Note<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Having done our research at <\/span><a href=\"https:\/\/www.easyearnedmoney.com\/\"><span style=\"font-weight: 400;\">Easy Earned Money<\/span><\/a><span style=\"font-weight: 400;\">, our team of financial experts and advisors believe the potential in the NFT new market is huge. Fortunately for you, we&rsquo;ve done the heavy work so you can cut through the noise. With this, you can leverage our recommended opportunities to make money:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>On Instagram:<\/b><span style=\"font-weight: 400;\"> Zuckerberg also said that individuals and companies will &ldquo;hopefully&rdquo; in the coming months be able to <\/span><a href=\"https:\/\/www.kitco.com\/commentaries\/2022-03-21\/Crypto-SWOT-Mark-Zuckerberg-said-that-NFTs-are-coming-back-to-Instagram.html\"><span style=\"font-weight: 400;\">mint their own NFTs<\/span><\/a><span style=\"font-weight: 400;\"> within the app.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>A Branch-Off Lucrative Business Opportunity:<\/b><span style=\"font-weight: 400;\"> If <\/span><a href=\"https:\/\/fortune.com\/2022\/03\/15\/mark-zuckerberg-instagram-nft-marketplace-mint\/\"><span style=\"font-weight: 400;\">Fortune<\/span><\/a><span style=\"font-weight: 400;\"> is saying the following, it has to be true, &ldquo;Zuckerberg also reportedly mentioned he hopes avatar clothing in the metaverse could be minted as NFTs, too, which is already a common occurrence in the overall space and lucrative business for blockchain-based, play-to-earn companies.&rdquo;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Own Your Own NFT Which Is Like Owning A Piece Of Art:<\/b><span style=\"font-weight: 400;\">&nbsp; Own the original and prove your ownership with a unique code that only you own &ndash; and then make money off this by being the first to sell your original content as an NFT.&nbsp;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>As<\/b><a href=\"https:\/\/smallbiztrends.com\/2022\/01\/nft.html\"><b> Small Biz Trends<\/b><\/a><b> recommends<\/b><span style=\"font-weight: 400;\">: Select your marketplace based on content suitability, mint the NFT (turn the digital asset into a crypto collectible), and link to your crypto wallet. Each platform or marketing will have different processes and allow you to either sell the item as a one-off purchase or earn royalties.&nbsp;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.forbes.com\/advisor\/investing\/nft-non-fungible-token\/\"><span style=\"font-weight: 400;\">Forbes<\/span><\/a><span style=\"font-weight: 400;\"> shows the following wares which can be NFT-monetized and NFT-profitable: Art, gifs, videos, sports highlights, collectibles, virtual avatars, and video game skins, design sneakers, music, tweets. Start <\/span><span style=\"font-weight: 400;\">your own NFT collection with any one of these, or combine them within your collection.<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">The Keyword here is Net <\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Overall, as <\/span><a href=\"https:\/\/marker.medium.com\/the-real-potential-of-nfts-b1bf88b24a1c\"><span style=\"font-weight: 400;\">Marker<\/span><\/a><span style=\"font-weight: 400;\"> puts it, &ldquo;[If you&rsquo;re a capitalist and generally think that functioning markets improve lives&hellip; Bringing credible scarcity and authenticity to digital markets is a net positive &mdash; but the keyword there is &ldquo;net.&rdquo;&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To get gain that positive net, you want to do as <\/span><a href=\"https:\/\/www.forbes.com\/advisor\/investing\/nft-non-fungible-token\/\"><span style=\"font-weight: 400;\">Forbes<\/span><\/a><span style=\"font-weight: 400;\"> recommends, &ldquo;Approach NFTs just like you would any investment: Do your research, understand the risks&mdash;including that you might lose all of your investing dollars&mdash;and if you decide to take the plunge, proceed with a healthy dose of caution.&rdquo;<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Start Profiting Now And In The Long-Term As NFTs Are Not A Passing Fad<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Contrary to cynical belief, NFTs are not a passing fad. At Easy Earned Money we believe NFTs offer the money-hungry long-term profitable potential. Even<\/span> <a href=\"https:\/\/hbr.org\/2022\/02\/how-your-brand-should-use-nfts\"><span style=\"font-weight: 400;\">Harvard Business Review<\/span><\/a> <span style=\"font-weight: 400;\">views the long-term potential of NFTs stating, &ldquo;But don&rsquo;t make the mistake of thinking that NFTs are a passing fad. While the current hype cycle might be fueled by crypto-millions and Discord-obsessed Gen-Z users, NFTs could be the killer app of <\/span><a href=\"https:\/\/twitter.com\/cdixon\/status\/1442201621266534402\"><span style=\"font-weight: 400;\">Web3<\/span><\/a><span style=\"font-weight: 400;\"> and its gateway into traditional commerce.&rdquo;&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The online site continues, &ldquo;The <\/span><i><span style=\"font-weight: 400;\">really<\/span><\/i><span style=\"font-weight: 400;\"> interesting thing about NFTs is the tech they run on. [This]<\/span><span style=\"font-weight: 400;\">&nbsp;which reveals their broader promise as a vehicle by which brands bypass the platform-centric marketing world of Web2 and reclaim ownership of their digital consumer relationships.&rdquo;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Now that you know what NFTs are, the reasons why<\/span> <span style=\"font-weight: 400;\">Meta&rsquo;s Mark Zuckerberg plans to instate them, and why you should start looking into these tokens as a potential for profit, we recommend you do so now. As a hot commodity, the time is now.&nbsp;<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Read the blog? Your Next Step As The Reader&hellip;<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Should you want to hear more about NFTS, let us know by commenting in the comment section below. We&rsquo;d love to hear what you thought of this blog as well!<\/span><i><\/i><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><i><span style=\"font-weight: 400;\">Want to read about other savings, investment, finance, and relatable topics, news, advice, or information? Comment below!&nbsp;<\/span><\/i><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><i><span style=\"font-weight: 400;\">If you&rsquo;re a finance expert or a leading professional in any of the industries we focus on, be featured in our blog. Email us now at contact@easyearnedmoney.com.&nbsp;<\/span><\/i><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><i><span style=\"font-weight: 400;\">If you would like to advertise on our popular site, contact us by <\/span><\/i><a href=\"https:\/\/www.easyearnedmoney.com\/contact-2\/\"><i><span style=\"font-weight: 400;\">clicking here<\/span><\/i><\/a><i><span style=\"font-weight: 400;\">!<\/span><\/i><\/li>\n<\/ul>\n<p><strong>Credible Sources:&nbsp;<\/strong><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.stilt.com\/blog\/2021\/06\/how-to-make-money-with-cryptocurrency\/\"><span style=\"font-weight: 400;\">https:\/\/www.stilt.com\/blog\/2021\/06\/how-to-make-money-with-cryptocurrency\/<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/cyberscrilla.com\/why-are-nfts-so-valuable\/\"><span style=\"font-weight: 400;\">https:\/\/cyberscrilla.com\/why-are-nfts-so-valuable\/<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/cyberscrilla.com\/investing-in-non-fungible-tokens-everything-you-need-to-know\/\"><span style=\"font-weight: 400;\">https:\/\/cyberscrilla.com\/investing-in-non-fungible-tokens-everything-you-need-to-know\/<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/fortune.com\/2022\/03\/15\/mark-zuckerberg-instagram-nft-marketplace-mint\/\"><span style=\"font-weight: 400;\">https:\/\/fortune.com\/2022\/03\/15\/mark-zuckerberg-instagram-nft-marketplace-mint\/<\/span><\/a><span style=\"font-weight: 400;\">&nbsp;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.kitco.com\/commentaries\/2022-03-21\/Crypto-SWOT-Mark-Zuckerberg-said-that-NFTs-are-coming-back-to-Instagram.html\"><span style=\"font-weight: 400;\">https:\/\/www.kitco.com\/commentaries\/2022-03-21\/Crypto-SWOT-Mark-Zuckerberg-said-that-NFTs-are-coming-back-to-Instagram.html<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/marker.medium.com\/the-real-potential-of-nfts-b1bf88b24a1c\"><span style=\"font-weight: 400;\">https:\/\/marker.medium.com\/the-real-potential-of-nfts-b1bf88b24a1c<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/hbr.org\/2022\/02\/how-your-brand-should-use-nfts\"><span style=\"font-weight: 400;\">https:\/\/hbr.org\/2022\/02\/how-your-brand-should-use-nfts<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">https:\/\/smallbiztrends.com\/2022\/01\/nft.html<\/span><\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrencies and digital currencies aren&rsquo;t new, nor is the ability to make money off them. However, like the ever-changing business and making-money game, so too is the world of profitable digital currency changing and bringing out something new.&nbsp; Before, those looking to reap the digital green bills and get their bankroll skyrocketing could follow the [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":1153,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[761,762,759,763,760,766,764,765],"class_list":["post-3107","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-business","tag-business-opportunity","tag-cryptocurrency","tag-easy-earned-money","tag-facebook","tag-make-money","tag-nfts","tag-non-fungible-tokens"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.0 (Yoast SEO v26.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What are NFTs &amp; Why Meta\u2019s Mark Zuckerberg Plans to Instate Them - Easy Earned Money<\/title>\n<meta name=\"description\" content=\"Want to know about a lucrative business opportunity? 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